Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$270,668$270,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$1,572.69$1,869.43
2nd payment$0.00$0.00
Taxes / mo$132.75$132.75
Insurance / mo$150.00$150.00
MI / mo$205.17$54.00
HOA / mo$0.00$0.00
Total monthly$2,060.61$2,206.18
Cash to close$29,332$30,000